Navigation Links
Brown & Toland Announces 2008 Financial Results
Date:6/11/2009

SAN FRANCISCO, June 11 /PRNewswire/ -- Brown & Toland announced today a strong financial performance in 2008, with an operating income of $10.2 million before physician bonuses and taxes on total revenue of $236.3 million. Brown & Toland remains one of California's most financially successful and stable independent practice associations (IPAs), posting strong earnings for nine consecutive years.

In 2009, Brown & Toland will distribute $10.7 million in physician bonuses. Additionally, Brown & Toland adjusted its physician compensation schedule on January 1, 2009, updating physician fees based on 2008 Medicare rates. This adjustment will result in an additional $5.2 million to Brown & Toland physicians in 2009.

"We are continuing our strong financial performance and our enhancement of electronic physician practice solutions," said Gloria Austin, Brown & Toland's chief executive officer. "In 2008, we continued to deploy electronic tools to our physician offices and expanded our clinical results reporting database, giving Brown & Toland physicians direct access to more than 41 million clinical results online. This has already resulted in a reduction of unnecessary duplicate testing."

Since Brown & Toland launched its electronic health record (EHR), the medical group has spent more than $12 million on its electronic initiatives. This total does not include the ongoing technical and practice support that the organization provides its physicians. While other groups have launched EHRs in individual physician offices, Brown & Toland's EHR is different in that it connects across its independent community physician network and to multiple hospitals and independent laboratories, resulting in a robust system that rivals the most technologically advanced physician group model.

Additionally, Brown & Toland is one of the first IPAs in the nation to build an enterprise-wide electronic health record with connectivity to hospitals and diagnostic centers. Brown & Toland's system is not restricted to Brown & Toland patients; it is available for every patient that a Brown & Toland physician has on record. "This investment is a huge step for San Francisco in providing physicians with tools for increased quality and efficiency," said Joel Klompus, M.D., Brown & Toland's President. "Our strong financial performance, and our stability over the years, has given us the ability to put more dollars into programs and technology that will continue to improve both the quality and efficiency of healthcare so that our physicians are able to provide the best possible care to their patients in the Bay Area."

About Brown & Toland

Brown & Toland Medical Group's 1,500 physicians care for close to 170,000 HMO and approximately 160,000 PPO patients. Brown & Toland receives numerous awards for its medical excellence and preventative health care services. For more about Brown & Toland, visit www.brownandtoland.com.


'/>"/>
SOURCE Brown & Toland
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Coalition America Announces Addition of Mollie Gordon Brown as Chief Strategy Officer
2. ALLs Judie Brown: Supreme Court is Wrong on Contraception Ruling
3. Brown researchers make major signal transduction discovery
4. Browns Wives Host Special Day at MetroHealth Medical Center to Support the Neonatal Intensive Care Unit
5. Multi-talented Entertainer Chris Brown Goes Back to School, Taking on a Starring Role in the St. Jude Math-A-Thon (R) Video
6. Brown Mackie College - Indianapolis Announces New Degree Program in Occupational Therapy
7. Brown to create most comprehensive long-term care database
8. Miscarriage of Justice: A Statement by Judie Brown of the American Life League
9. Brown researchers create first-ever HIV rapid test video
10. Brown named Center of Excellence in Geriatric Medicine and Training
11. LifeVantage Corporation Appoints Industry Veteran David Brown as President & CEO
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/18/2017)... ... January 18, 2017 , ... At Hallmark Nameplate, their commitment ... they have achieved certification to ISO 13485. This certification is another way they are ... date products and services that they need. , The ISO 13485 Certification is a ...
(Date:1/18/2017)... ... 2017 , ... The Hear the World Foundation, a Sonova ... of cochlear implants. In February 2017, the first three children with profound hearing ... leading an independent life. This engagement builds on the support the Hear the ...
(Date:1/17/2017)... ... January 17, 2017 , ... January is National Stalking Awareness Month (NSAM), now ... in the corners and commit the crime of stalking, a very real danger to many ... often overlooked factor in stalking and other crimes. , “Stalking: know it. Name it. Stop ...
(Date:1/17/2017)... ... January 17, 2017 , ... For breast cancer clinicians and ... or those who desire a more intimate review and analysis of its highlights, a ... to Bedside—is being offered by Imedex on February 4, 2017 in Chicago. Chaired by ...
(Date:1/17/2017)... ... January 17, 2017 , ... Kevin Harrington (one of the original Sharks from ... campaigns regarding the topic of Beauty and Personal Care. , Everyone ... better way to commit to these changes than beginning with personal care and beauty ...
Breaking Medicine News(10 mins):
(Date:1/18/2017)... , Jan. 18, 2017  Tarix Orphan LLC ... has granted a Rare Pediatric Disease (RPD) designation for ... Recessive Dystrophic Epidermolysis Bullosa (RDEB), a rare genetic skin ... and treatment is limited to supportive care. ... Orphan Drug Designation previously granted by the FDA in ...
(Date:1/18/2017)... 2017  Astellas Pharma Inc. (President and CEO: ... its participation in Access Accelerated, a global, multi-stakeholder ... prevention, diagnostics and treatment in low-income and lower-middle ... companies and in collaboration with the World Bank ... (UICC), Astellas will work towards the United Nations ...
(Date:1/17/2017)... DUBLIN , Jan 17, 2017 Research ... Pancreas Devices System Market 2016-2020" report to their offering. ... The global artificial ... during the period 2016-2020. Global Artificial Pancreas Devices System ... with inputs from industry experts. The report covers the market landscape ...
Breaking Medicine Technology: